$2,933 Closing Credit*
$247,000
1,672 SqFt
3 Beds
•2 Full Baths
Raemie Bachman, Listing Office: Coldwell Banker Realty
Is Pine Township, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Pine Township was a Seller's Market.
Key Takeaway
Pine Township is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Pine Township, PA
How much do homes in Pine Township, PA cost?
Median Sold Price
$652,500
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,250(+3.4%)
Key Takeaway
Homes in Pine Township have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Pine Township was $652,500 in November 2024, up 3.4% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $248K | N/A |
| 2 Bedrooms | $230K | $347.4K | +51.1% |
| 3 Bedrooms | $390K | $420K | +7.7% |
| 4 Bedrooms | $677.5K | $675K | -0.4% |
| 5+ Bedrooms | $995.5K | $1.1M | +13.0% |
Summary: Pine Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 51.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes increased by 13%.
Median Sold Price Compared To Nearby Cities
| Wexford | $475K | $515K | +8.4% |
| Warrendale | $379.7K | $394.2K | +3.8% |
| Pine Township | $631.2K | $652.5K | +3.4% |
| Seven Fields | $410K | $340K | -17.1% |
Housing Supply in Pine Township, PA
How many homes are available in Pine Township, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 55 | 0.0% |
Summary: The Pine Township real estate market had 55 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 20 | 21 | +5.0% |
| 4 Bedrooms | 16 | 17 | +6.3% |
| 5+ Bedrooms | 18 | 17 | -5.6% |
Summary: The Pine Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 5.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Township, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Pine Township in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and 13% were sold over asking.
Days on Market for Pine Township, PA
How long does it take to sell a home in Pine Township, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 74 Days | +428.5% |
Summary: Homes in Pine Township had an average of 74 days on market in Nov 2024, up by 428.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pine Township has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Pine Township; 13% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
